3 Yards, 24 Thomas Williams Cres, Atlantis, Cape Town, 7349, South Africa - Warehouse Space For Sale in Atlantis

This 4,682m² industrial property for sale in Atlantis Industrial combines three adjoining GI1-zoned erven, an existing 1,563m² industrial building, approximately 3,118m² of additional yard and land, and an existing tenant into one flexible investment opportunity.

The property is being marketed on a Sole and Exclusive Mandate at R15,995,000 and offers a combination that is increasingly difficult to replicate: existing income, meaningful yard capacity, multiple adjoining erven and longer-term expansion or redevelopment potential.

A tenant is currently in occupation and the lease is under review, creating an opportunity for an investor to assess the existing income position and future lease structure while acquiring a substantial underlying industrial landholding.

Property Overview

• Address: 23, 24 & 25 Thomas Williams Crescent, Atlantis Industrial
• Total land area: 4,682m²
• Industrial building: 1,563m²
• Additional yard / land: ±3,118m²
• Zoning: GI1 Industrial
• Asking price: R15,995,000
• Tenant: Currently in occupation
• Lease: Under review
• Mandate: Sole & Exclusive

Three-Erf Configuration

The property comprises three adjoining industrial erven:

• Erf 23 1,170m²- Vacant GI1-zoned industrial yard
• Erf 24 2,000m² - Improved with the 1,563m² industrial building
• Erf 25 1,512m² - Vacant GI1-zoned industrial yard

This configuration gives the purchaser substantially more flexibility than a conventional standalone industrial property. The two additional yard erven can support operational requirements such as truck circulation, fleet parking, container storage, outdoor storage or future expansion, subject to the purchaser's requirements and applicable approvals.

Industrial Building & Operational Potential

The existing 1,563m² industrial facility provides the core income-producing component of the property, while the adjoining land creates room for businesses that require more than simply under-roof warehouse space.

The combination is particularly relevant to logistics, manufacturing, distribution, storage and fleet-based operations that place a premium on yard capacity and future scalability.

For an owner-occupier planning ahead, the property provides the ability to operate from the existing building while controlling adjoining industrial land for future business growth.

Investment Position

• At the asking price of R15,995,000, the total 4,682m² landholding equates to approximately: R3,416/m² across the combined site.
• To illustrate the underlying asset composition, if the approximately 3,118m² yard and land component is attributed a notional value of R2,000/m², this represents approximately: R6,236,000
• This would leave an implied value attributable to the existing 1,563m² building of approximately: R9,759,000
• Equivalent to an implied building rate of approximately: R6,244/m²

These figures are provided as an illustrative investment analysis only and do not constitute an independent valuation. Their purpose is to demonstrate the relationship between the substantial land component and the existing improved industrial asset.

Investor Opportunity

For an investor, the existing tenant provides a current income component while the lease review creates an opportunity to assess rental positioning and future lease terms.

The three adjoining erven also provide longer-term optionality that a single improved erf would not normally offer. Depending on planning, services capacity and municipal approvals, a purchaser could investigate additional development, expansion or a different configuration of the site over time.

Owner-Occupier Opportunity

The property also has a strong owner-occupier proposition for a business requiring approximately 1,563m² under roof with substantial additional land.

The yard component could support:

• Fleet and truck staging
• Container storage
• Outdoor storage
• Equipment storage
• Loading and operational support
• Future building expansion

This allows an occupier to secure its immediate operating facility while retaining room for future growth.

Development Potential

Three adjoining GI1-zoned industrial erven create a platform that should also be considered from a longer-term development perspective.

Potential future strategies may include consolidation, further industrial development or a multi-unit industrial configuration, subject to municipal approvals, zoning provisions, available services and professional feasibility studies.

The value of the opportunity lies in the purchaser controlling the entire adjoining landholding rather than being restricted to the current building footprint.

Atlantis Industrial Location

Atlantis Industrial continues to attract manufacturing, logistics, storage and yard-intensive businesses that require larger land parcels and greater operational flexibility than is often available in Cape Town's more established central industrial nodes.

For businesses whose operations do not depend on an inner-city location, Atlantis can provide the space required for manufacturing, truck movement, outdoor storage and future expansion while retaining access to the wider Western Cape industrial network.

The location is particularly relevant to businesses looking for a combination of factory or warehouse accommodation and meaningful yard capacity rather than simply maximising building coverage.

Atlantis Area Guide: https://www.anvilproperty.co.za/area-guides/atlantis-284

Why This Property Stands Out

This is not simply a 1,563m² factory for sale.

The purchaser is acquiring:

• Three adjoining GI1 industrial erven.
• 4,682m² of total land.
• 1,563m² under roof.
• ±3,118m² of additional yard and land.
• An existing tenant.
• Operational flexibility.
• Longer-term development potential.

At R15,995,000, 23–25 Thomas Williams Crescent should be considered by investors, developers and larger owner-occupiers looking for a hybrid industrial asset where income, land and future flexibility all form part of the investment case.

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